Tag: finance

HONG KONG Razer Inc, a gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, plans to go public toward the end of October in an IPO that will value the company at up to $5 billion, a person familiar with the deal said on Wednesday. ( read original story ...)

HONG KONG, July 12 (Reuters) - Chinese city commercial lender Zhongyuan Bank Co Ltd priced its Hong Kong initial public offering (IPO) near the bottom of expectations, raising $1 billion to bolster its capital base, IFR reported. The IPO of about 3.3 ... ( read original story ...)

Hong Kong stocks broke through the 26,000 level on Wednesday as they headed for their best week in four months. Gains for banks and technology stocks supported the Hang Seng index on Wednesady ... after the People’s Bank of China reportedly injected ... ( read original story ...)

Start your day with what's moving markets in Asia. Sign up here to receive our newsletter. Introducing Hong Kong’s newest stock-market darling. Traders can’t seem to get enough of HSBC Holdings Plc. They’ve sent the shares up more than 20 percent in ... ( read original story ...)

SHANGHAI, July 11 Hong Kong stocks extended this week's rally, posting their best day in four months on Tuesday, bolstered by strong gains among financial sector stocks. The Hang Seng Index rose 1.5 percent, to 25,877.64 points, while the China Enterprises ... ( read original story ...)

Beijing may be finally learning from Hong Kong’s regulatory experience as it makes unprecedented efforts to maintain domestic financial stability and contain external shocks. This can be seen from last week’s half-year economic analysis seminar where ... ( read original story ...)

Hong Kong stocks rose, with the benchmark index climbing from a seven-week low, as HSBC Holdings Plc led financial shares higher and Orient Overseas International Ltd. jumped after being targeted for a takeover. The Hang Seng Index advanced 0.6 percent to ... ( read original story ...)

(The following statement was released by the rating agency) TAIPEI/HONG KONG, July 10 (Fitch) Fitch Ratings has assigned final 'A' ratings to Bank of China Ltd. (BOC, A/Stable) Hong Kong branch's USD550 million floating-rate senior unsecured notes due 2019 ... ( read original story ...)

Hong Kong shares gained over 1 percent, as a jump in financials offset a tumble in raw material stocks. China's blue-chip CSI300 index was unchanged at 3,655.38 points by the lunch break, while the Shanghai Composite Index lost 0.2 percent, to 3,211.31 points. ( read original story ...)

This week Razer has made a preliminary filing for IPO on the Hong Kong Stock Exchange. The company plans to raise $600 million for future growth, particularly in Asia. In addition, the funding is supposed to improve the company’s overall march with ... ( read original story ...)

Beijing declined the Hong Kong government’s request to have experts intervene in the city’s financial crisis after the 1997 handover in order not to breach “one country, two systems”, the city’s leader at the time has revealed. Tung Chee-hwa, who ... ( read original story ...)

The Hang Seng, the Hong Kong benchmark that ranked among the best-performing major ... Yang Hai, an analyst at Kaiyuan Securities said tightening by the Federal Reserve and the European Central Bank "would have a negative impact on liquidity situations ... ( read original story ...)

Hancock and Tucker overlapped for a few months at AIG in 2010, when the insurer spun off Hong Kong-based AIA Group Ltd., which Tucker formerly led. Cambridge Fellow While Hancock would be an outsider, he’s cut from the same cloth as many HSBC lifers. ( read original story ...)

Hong Kong took the first spot, with parents spending about $132,161 per child. The survey conducted falls under HSBC’s The Value for Education series, which polled 8,481 parents from 15 different countries and territories. It reveals insights on parents ... ( read original story ...)